Q.
I have purchased 200 shares on 8.6.2011 @ 116.20/share. Today the rate of one share is Rs 60/. then what about my shares . Biradar.
About: Manappuram General Finance & Leasing Ltd.
Asked by Shivashankar Biradar,
09 Jun '11 02:23 pm
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Answers (4)
1.
The stock splits in 1;1 ratio ,means the cmopany has given the bonus 1;1 so the quantity become double nd the price will become half. your demate a/c will automaticaly be credited with in one week.
Answered by USHA CHOURASIA, 09 Jun '11 02:36 pm
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2.
Do average now. its best time to purchase this share for long term targets
Answered by Rajesh, 29 May '12 04:17 pm
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3.
Your number of shares have been doubled due to split.
Answered by Damodar Biswal, 09 Jun '11 02:30 pm
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4.
Multiply rs 60 by 2 the effective rate is rs 120 per share., the rate is down as u have been allotted 200 shares for free as bonus , which u will get in your account in about two weeks. now u should be having 400 shares and not 200. just wait for ten days and check your demat account
Answered by rajan, 09 Jun '11 02:26 pm
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